Professional training
and qualifications in
Anti Money Laundering
Governance, Risk and Compliance
Financial Crime Prevention
Learn
Excel
2
Welcome to International
Compliance Training
Learn.
Excel.
Lead.
These three words are what we at International
Compliance Training, ICT, are all about. We are passionate about
learning and development. We want you to learn with us so you can
excel in your profession. We want to help you grow so that you can
lead your colleagues and peers into the future.
We believe in the value of partnerships. We work with you so that you can achieve all that you set out to do. If you have decided to develop your knowledge and skills you will want the best team alongside you, helping you realise your potential. We offer high-quality training, an inclusive support network, both local and international, and above all, commitment.
ICT started delivering training in anti money laundering, compliance and financial crime prevention in 2001. Through agreements with local organisations we created a global network covering over 30 jurisdictions so we could make our training
accessible to all. Since then, thousands of individuals all over the world have realised their training ambitions with us. We are the largest provider of professional qualifications offered by the International Compliance Association. Their qualifications are awarded in association with Manchester Business School, The University of Manchester. We have offices in Dubai and in Singapore and we continue to expand our global coverage through the creation of alliances with like-minded organisations. By studying with ICT you benefit from an outstanding learning experience. You will be able to apply what you learn to solving the business problems of the future.
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Welcome to International
Compliance Training
At ICT we have developed the integrated learning experience. This is a unique combination of first class course materials, delivered online, up-to-the-minute industry news, online seminars (live and pre-recorded), expert face-to-face tuition and ongoing tutor support. We aim to optimise the learning experience for you whether you are studying for a professional qualification or taking part in a one-day training exercise.
The integrated approach comprises a number of learning methods, each designed to support the other. Each of the methods should be viewed as part of the whole. They are mutually supportive, equally relevant and beneficial to the learning experience. We have found by adopting this approach, we have achieved some great results for our students, and it is one that all our partners use.
Financial services professionals today face an increasingly challenging working environment. The changes in regulations alongside the ever-higher standards demanded from government and customers alike, means that undertaking training is essential. Training has to be effective in transferring knowledge and skills and ICT has a proven track record in this area.
We encourage you to put your learning into practice immediately. The training materials we produce are full of useful case studies, examples and exercises. You will be able to apply your learning to your own firm right from the start. The training you undertake not only enhances your understanding of the theory but encourages practical application, so you and your firm benefit.
We give you the knowledge and skills that enable you to fulfil your role
efficiently and effectively. We understand that things change and that you need to adapt. So as part of the learning process we give you scenarios to work through that test your decision making ability. It’s consequence free and because you are learning in a supportive environment you will gain confidence to grow and develop in the real world.
Relevant
Practical
Personal
Integrated
Interactive
Intense
We always try to enliven the learning experience, making it enjoyable for all. Our workshops are engaging and interactive with lots of group exercises to stimulate debate. This enhances the learning process and encourages knowledge retention.
All ICT trainers have extensive experience. They come from a variety of backgrounds and most are still practising in their profession. This is great for you as you can
be confident that the learning you receive will be up-to-date and highly relevant. ICT trainers travel the world teaching at our global centres so you get the same consistently high standards of teaching no matter where you are based. Through our partners we also use local tutors from the jurisdictions in which we offer our training. These too are experienced practitioners and they help with the delivery of the local content.
Behind the trainers, we have a team of individuals who are constantly researching news and developments affecting the industries in which we teach. Relevant information is then uploaded to our online resource centre which you can access as you progress through your training.
ICT and its partners only use experienced
practitioners to write and deliver our training
content. Rules, regulations, processes and procedures
can be complex. So we try to produce materials that
are accessible and that can form a useful source of
reference for the future. We are often told by our
students that they keep our manuals on their desks
and that they are well thumbed through!
Experience counts
Global thinking,
local application
We take a global perspective to the learning we deliver. International best practice is vital to the knowledge and skills we teach. But we also understand the importance and value of local, jurisdiction specific information. We make sure that all the tuition you receive wherever you are is relevant to you and your country of operation. We provide you with local case studies and examples, access to domestic rules and regulations and, in certain jurisdictions, we provide the materials in the local language.
ICT is a global organisation with offices in the
UK, Dubai and Singapore. We have developed
partnerships with institutions and firms in over 30
countries so that the training is local to you.
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Public programmes
Public workshop-based programmes are available in many jurisdictions. Each of the public programmes has a limited number of places at any one time in order to maximise the learning experience.
Distance learning
If you can’t make the public programme then you can study by distance learning. Studying by distance learning gives you flexibility. There are no classroom sessions to attend so you can study at times convenient to you. The online training manuals and materials are supplemented by comprehensive workbooks and a library of pre-recorded webinars. You will also receive dedicated tutor support throughout your studies. You can join a community of fellow students via our online forums so you can stay connected. This can add real value to the learning as it gives you a chance to share and discuss your experience of the programme and any questions you may have.
ICT supports hundreds of students studying by distance learning every year so we are very experienced in this kind of learning.
Exam only
If you are an experienced practitioner who holds appropriate qualifications, you can apply for the 'exam only' route to an ICA qualification. If you take this option, you will be exempt from attending the workshops that accompany the programme and from submitting assignments. You are
provided with manuals, support readings and texts and your achievement
is measured on the basis of your performance in the examination only.
In-house
ICT also delivers training in-house. We offer our high-quality training solutions to satisfy a wide range of training needs. ICA qualifications can also be delivered in-house. Whatever the qualification, whatever the group size, ICT works with you to find the most appropriate way of delivering the training. This can help make your training budget go further.
We understand you are busy. You have a demanding job and a full life yet you
wish to develop yourself still further. So ICT have developed a range of ways in
which you can study.
Evaluating the existing knowledge and skills levels of your staff can often be the first place to start. ICT will work with you to create a skills-based assessment which can help formulate a precise training plan with clear-cut outcomes.
• Creation of an ideal programme that
meets those defined objectives
• Content tailored to the specific needs
of your firm including internal policies and procedures and the use of real-life case studies
• Training undertaken at a date, time and
location that is suitable for you
• Provision of high-quality course
materials and engaging classroom-based tuition
• Choice of assessment method: multiple
choice, written assignments, examinations or a combination of all
• Post-training evaluation and on-going
review of the development of your staff So it really is all about you.
‘‘
It’s all about you
Training designed and delivered to meet your business needs
International Compliance Training offers in-house training worldwide. All ICA
qualifications can be taught in-house and we can also deliver more bespoke
training designed uniquely for your business requirements. We will help you
define your needs so you get exactly what you want and we will work with you
to develop the knowledge, skills and confidence of your staff.
‘ ‘
ICT have been fantastic in both
the course administration,
and allowing the workshop to
be tailored to the sector and
jurisdictions in which it has been
delivered. The training was given
in-house to senior management,
trainers as well as the AML teams
and has been received well by all.
It has now become an integral
part of our AML programme
Daniel Macelennan
Vodafone
Flexible.
Affordable.
Bespoke.
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ICT training
Whether you are a qualified professional looking for
CPD or a firm looking for bespoke training ICT offers
training on a wide variety of subjects including:
• Anti Money Laundering • Compliance
• Corporate Social Responsibility • Data Protection
• Fraud Prevention • Fund Administration • Investigative Interviewing • Leadership and Management • Report Writing
• Sanctions • CDD and KYC
ICT believes in innovative,
effective knowledge transfer.
We understand the markets and
issues that you and your staff deal
with on a daily basis and we work
in partnership to find the right
solution for you.
To find out more contact us on
ict@int-comp.com
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ICA qualifications
Why choose a professional qualification?
Increasingly employers are looking for evidence of a certain level of knowledge and a professional qualification from the ICA provides just that. In some jurisdictions it is even compulsory to hold an ICA qualification before undertaking certain roles. The qualifications are practical and give you the necessary knowledge and skills to fulfil your professional responsibilities.
Having an ICA qualification is a mark of achievement and excellence. It makes a statement about who you are and helps advance your career.
An ICA qualification can make a real difference to you and your organisation. ICA Certificate in Anti Money Laundering ICA Certificate in Compliance ICA Certificate in Financial Crime Prevention ICA Advanced Certificate in Anti Money Laundering ICA Advanced Certificate in Compliance ICA Advanced Certificate in Financial Crime Prevention (available in 2015) ICA Diploma in Anti Money Laundering ICA Diploma in Governance, Risk and Compliance ICA Diploma in Financial Crime Prevention ICA Professional Postgraduate Diploma in Governance, Risk and Compliance Introductory
Suitable for those with no experience or in an operational role and requiring some awareness level understanding of an
area.
Intermediate
Suitable for those new to the discipline or in a junior role who want to enhance their knowledge & skills.
Advanced
Suitable for those who already hold some experience and are looking
to underpin their knowledge with a professional qualification.
Expert
Suitable for experienced practitioners and those in
senior roles.
Specialist
These short online qualifications are suitable for anyone requiring niche
knowledge in these areas.
ICA Specialist Certificates in: Trade Based Money Laundering Money Laundering Risk in Capital Markets Corporate Governance Money Laundering Risk in Correspondent Banking Money Laundering Risk in Private Banking Money Laundering Risk in New Payment Products & Services Money Laundering Risk in Betting & Gaming BSc (Hons) Degree in Management with Compliance University of Manchester Chartered Banker
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Key features of ICA Certificates and Diplomas
• Vocational programmes within an academic discipline • Certificated
• Awarded in association with Manchester Business School,
The University of Manchester
• Internationally recognised by regulators and employers • Studied by thousands of individuals all over the world • Excellent detailed course materials
• Dedicated online and tutor support
Key benefits of studying an ICA qualification
• Improved knowledge, developed skills • Professional designation
• Membership of the International Compliance Association* • Career progression
• Recognised mark of excellence
• Reduced reputational and financial risk for firms
* On successful completion of a Diploma
Qualifications, competence
and recognition
ICA qualifications are awarded in association with Manchester Business School,
The University of Manchester and are mapped into the National Occupational
Standards of Competence. These standards, created by the UK Financial and
Legal Skills Partnership (FLSP) are in Anti Money Laundering, Compliance and
Countering Financial Crime. All ICA Diplomas are recognised by the FLSP at the
highest level. They are featured on the FLSP official Examination List. Full details
can be found at
www.ukstandards.org.uk
Additionally, ICA qualifications are recognised by regulators and education
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ICA qualifications admission
requirements
The admission requirements for ICA qualifications vary. All students require the ability to complete the reading and written aspects of the programmes in English. A sound educational background will also help. The Diploma courses call for individuals to have a degree or professional qualification in an appropriate discipline or 2-3 years relevant work experience.
Fees
Fees for ICA qualifications vary depending on which course you undertake. Course fees include all manuals, materials, workshops, support reading texts, website access and assessment. Full details are available on the ICT website, www.int-comp.com
How to apply
You can apply to study any of the ICA qualifications or ICT CPD programmes on-line at www.int-comp.com or contact us on +44(0)121 362 7534 or ict@int-comp.com
Not sure and want to
know more?
If you would like to talk through the qualifications in more detail to decide which is right for you, get in touch with our course tutors who will be pleased to discuss any queries.
Call
+44(0)121 362 7534 or email
ict@int-comp.com
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‘‘
ICT is by far the largest and longest established of
the preferred providers of professional qualifications
awarded by the International Compliance Association.
Their approach to the learning experience is exactly
what we at the ICA are looking for - specialist,
professional and dependable. Their unique blended
learning approach, combining high quality materials,
interactive workshops and dedicated support, ensures
a successful learning experience for all. Like ICA,
they believe in the pursuit of best practice and high
standards and this is seen throughout everything they
do. Through ICT and their partner network, the ICA
qualifications are accessible to all.
Bill Howarth
CEO
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ICA Certificate in Anti Money Laundering
This programme is an excellent introduction to anti money laundering for all staff and covers the fundamental concepts. It teaches staff what they need to know in order to understand their responsibilities and the part they play in preventing money laundering. The course provides a good basis from which to develop further knowledge. This course will help satisfy the regulatory requirements on AML training in all jurisdictions.
The ICA Certificate in Anti Money Laundering reflects the external environment today. Focusing on relevant best practice, legislation and regulations, it examines money laundering activities and terrorist financing. Elements involved in the reporting of suspicious transactions are explored, including tipping off and politically exposed person risk. The programme focuses on current major issues that impact upon the money laundering prevention role.
By the end of the course, you will have a clear understanding of the anti money laundering function and the surrounding context. A wider awareness of the external context is given in readiness for future development in this increasingly important area.
‘‘
A highly interesting, useful and relevant course which has
assisted me not only day-to-day but also with the provision of
training to staff.
Patrick McCarrick
Compliance Manager, Isle of Man
Who the Certificate
will Benefit
• Staff with specific anti money
laundering duties
• All staff working in financial services
and related industries who want an introduction to anti money laundering
• Anyone who aspires to a career in
anti money laundering or fraud prevention
Course Format
• An introductory level
online course
• Up to 6 months to
complete the course
• One day workshop
(where offered)
• One hour multiple choice
examination taken online
Syllabus
Unit 1: Understanding Money Laundering, Terrorist Financing and Sanctions
• What is Money Laundering? • Terrorist Financing
• Sanctions
Unit 2: Vulnerabilities of financial institutions to money laundering and terrorist financing
• Money laundering and terrorist
financing vulnerabilities of financial services
• Emerging technologies and new
payment methods
Unit 3: Anti-money laundering and combating terrorist financing in practice
• Identifying money laundering and
terrorist financing activity
• Client Due Diligence (CDD) • Politically Exposed Persons (PEP) • Monitoring Client Activity • Reporting Suspicious Activity
Unit 4: Anti-money laundering and combating terrorist financing – legal and regulatory structures
• The Financial Action Task Force (FATF) • The European Money Laundering
Directives (MLD)
• Legislative and regulatory regimes • Anti-money laundering and terrorist
financing legislation
Unit 5: Management obligations and the risk-based approach to money laundering and terrorist financing • Risk-based approach
• Formulating anti-money laundering
and terrorist financing policies and procedures
• Monitoring Compliance with the
policy
• Resources • Culture
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ICA Qualifications in Anti
Money Laundering
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Who the Advanced
Certificate will Benefit
• New/recently appointed MLROs
and deputies
• New/recently appointed Financial
Crime and Risk Officers
• Compliance Officers • Internal auditors assuming
responsibilities for money laundering/financial crime issues
• All individuals engaged in financial
services and who aspire to a career in anti money laundering
Syllabus
Unit 1: The International Context • The role of international bodies in
AML and CTF
• The work of FATF and its relevance
for AML practitioners
• The Impact of EU and International
legislation on the AML landscape
Unit 2: Legal and Regulatory Frameworks
• Law enforcement, government,
regulators and their powers
Unit 3: AML in Practice • AML structures • The role of the MLRO
• Managing relationships with LEAs
and regulators
• Implementing the risk based approach Unit 4: Sanctions
• Global sanctions framework • Designing a governance framework • Sanctions lists and screening • The cost of getting it wrong
Unit 5: Customer Due Diligence (CDD) • CDD and the risk-based approach • Assessing the money laundering risk • Assurance around the CDD process
Unit 6: Managing the risk of Money Laundering and Terrorist Financing • The money laundering vulnerabilities
or particular services and products
• Corporate service providers • Trusts
• Politically Exposed Person (PEP) • Terrorist financing
• Money laundering and tax evasion Unit 7: Transaction Monitoring and Filtering Framework
• International guidelines
• Risk-based transaction monitoring
and filtering framework
Unit 8: Suspicious Activity Reporting • Evaluating suspicious activity • The SAR investigation process • Avoiding tipping off
Unit 9: Emerging Industry Sectors • Mobile financial services • Betting and gaming • E-payments
Unit 10: Escalations and Exits • Exit processes
• Roles and responsibilities • Record keeping
ICA Advanced Certificate in Anti Money Laundering
ICA International Advanced Certificate in Anti Money
Laundering
Money laundering continues to hold a high profile with regulators and firms alike. Non-compliance with anti money laundering requirements can result in both significant reputational damage and financial penalties for organisations. This means appropriate training for staff is essential. Anti money laundering training options abound, however a professional qualification from the International Compliance Association will provide certificated evidence of knowledge and skills gained.
The ICA Advanced Certificate in Anti Money Laundering is an intermediate level qualification aimed at those embarking on an anti money laundering career or already in a less senior AML role. The course covers the UK and international regulatory
environment and focuses on the role of the Money Laundering Reporting Officer in practical terms. You will learn how to manage the risks of terrorist financing and evaluate suspicious activity. You will also study the AML risks involved in emerging industry sectors such as mobile financial services and e-payments.
‘‘
The ICA is one if the few institutions that provides a thorough and detailed study course which is
both relevant and practical. The support provided by ICT, the training provider, is excellent.
Mike Nudd,
Head of Risk Management and Compliance, Isle of Man
‘ ‘
Course Format
• An intermediate level
course
• 6 months duration
• Two workshops (where
offered)
• 1 piece of assessed work
approximately 2-2,500
words in length
• 1 hour, 45 minute open-
book examination
The syllabus for the UK and
International Certificate is the
same, although the course
materials will differ in terms
of perspective.
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Who the Diploma
will Benefit
• Money Laundering Reporting Officers
and Deputies
• Money Laundering Prevention
Officers and Deputies
• Managers with responsibility for
internal Anti Money Laundering
• Risk Managers
• Internal and external audit staff • Regulatory representatives • Accountants
• Lawyers
• Company Secretaries
• Anyone who requires an in-depth
knowledge of the fundamental regulatory principles in relation to money laundering reporting and prevention
Course Format
• A graduate level
programme resulting in
a professional qualification
• 9 – 12 months duration
• 4 workshops
(where offered)
• 2 pieces of assessed work,
each approximately 3,000
words in length
• 3 hour 15 minute open-
book examination
The syllabus for the UK and
the International Diploma
is the same, although the
course materials will differ
in terms of perspective.
Syllabus
Module 1: Anti Money Laundering (AML) and Combating Terrorist Financing (CTF) in Context • Money Laundering and Terrorist Financing - definitions and nature • The international context
• Anti Money Laundering and Counter Terrorist Financing frameworks • Vulnerabilities of products and
services
Module 2: Customer Identification (CDD), Customer Risk Profiling and Customer Monitoring
• Client Due Diligence (CDD) Module 3: Sanctions
• Sanctions
Module 4: Designing a Comprehensive AML and CTF Framework for a
Financial Services Business • Concepts of risk management • Risk based approach to AML and CTF • Escalations and exit strategies Module 5: Governance and Leadership • The AML governance framework • Management issues for AML and
CTF policy
• Culture and training
Module 6: Suspicious Activity/
Suspicious Transaction Reporting and Dealing with the Authorities
• Transaction monitoring
• Recognition, handling and reporting
transactions
• Post-reporting considerations • Dealing with the authorities
ICA Diploma in Anti Money Laundering
ICA International Diploma in Anti Money Laundering
The ICA Diplomas in Anti Money Laundering (AML) are comprehensive and reflect the complexity of today's regulatory environment. These programmes focus on relevant best practice, legislation and regulations. They examine various strategies, frameworks and vulnerabilities. Elements involved in the reporting of suspicious transactions are explored. Internal controls are considered including the design of money laundering prevention frameworks, and Customer Due Diligence.
The Diplomas focus on current major issues that impact upon the money laundering prevention role. By the end of the programme, you will have an in-depth (practical) knowledge that can be drawn upon in the execution of your duties. Understanding the external framework gives you a perspective that will enable you to make informed decisions in the delivery of your money laundering prevention strategy. Knowledge gained can be used to evaluate systems and controls and tailor them to meet future challenges.
‘‘
The ICA Diploma in AML provides an excellent grounding
in the complex regulation and guidance surrounding AML.
It has had a measurable impact upon the way that I fulfil
my duties as MLRO.
Stuart Lennon
Money Transfer International, UK
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ICA Qualifications in
Compliance
ICA Certificate in Compliance
Good compliance equals good business and good compliance is the responsibility of all staff. Ensuring all are trained in the compliance discipline can help you better manage your risk.
The ICA Certificate in Compliance programme provides a good introduction to compliance. It provides the contextual understanding your staff need so they can approach their responsibilities with confidence. It will give them knowledge on the regulatory environment, its objectives and background. It will help them appreciate what is involved in compliance and the importance of their roles in adhering to good compliance practice. The programme also covers anti money laundering, financial crime prevention, market abuse and the management of risk. This course provides a solid foundation upon which future compliance studies may be taken and is suitable for in-house delivery.
‘ ‘
‘‘
Excellent course and a fantastic opportunity to meet and
interact with a number of compliance colleagues, which has
led to lasting friendships and a support network.
Clare Walker
Quality Development Manager, UK
Who the Certificate
will Benefit
• All staff working in the compliance
arena
• Internal and external audit staff • All staff working in risk functions • Regulatory representatives
Course Format
• An introductory level
online course
• One day workshop
(where offered)
• Up to 6 months to
complete the course
• One hour multiple choice
examination taken online
Syllabus
Unit 1: Understanding the Regulatory Environment
• The history of financial services
regulation
• The objectives of financial services
regulation
• Different parties involved in
regulation
Unit 2: Regulation in Practice • Models of regulation
• International legislation and best
practice developments
• Regulators and their powers Unit 3: Compliance in Practice • The role of the Compliance Officer • Activities and processes
• Key compliance relationships Unit 4: Other Key Compliance Areas • Anti money laundering
• Financial crime prevention • Market abuse
• Managing risk • Enforcement
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Who the Advanced
Certificate will Benefit
• Staff new to compliance • Regulatory risk and compliance
professionals
• Staff with AML or fraud
responsibilities
• All staff who require a good
grounding in compliance issues
• Regulatory representatives • Internal and external audit staff
UK Syllabus
Unit 1: The UK Regulatory Framework • The theory of regulation and UK legal
structure
• EU legislation
• National and International influences Unit 2: UK Regulation in Practice • The role and powers of the FSA • The FSA handbook
• Risk based regulation
Unit 3: The Role of the Compliance Officer
• The role of the compliance
function
• Internal and External Relationships • Compliance, Culture and Ethics Unit 4: Understanding the regulators' key principles
• Understanding principles-based/
outcomes-focused regulation
• The FSA’s Principles for Business Unit 5: Understanding Financial Crime and Money Laundering
• Fraud, insider dealing, market abuse • Corruption
• Money laundering and terrorist
financing
International Syllabus
Unit 1: Understanding the Regulatory Environment
• The background to regulation • The regulatory timeline Unit 2: International Regulation • Regulators and their powers • International regulation and bodies Unit 3: Compliance in Practice • Compliance structure
• The role of the compliance officer • Key compliance activities
Unit 4: Managing the Risk of Money Laundering, Terrorist Financing and Proliferation Financing
• The objectives of money laundering
and vulnerabilities of particular services and products
• Designing an effective internal
reporting system
• Terrorist financing
• Money laundering and tax evasion Unit 5: Financial Crime Prevention • Misleading statements/market
manipulation, insider dealing and market abuse
ICA Advanced Certificate in Compliance
ICA International Advanced Certificate in Compliance
These ICA Advanced Certificates will help you gain a good understanding of compliance fundamentals enabling you to fulfil your responsibilities effectively and with confidence. They provide a useful foundation if you are new to compliance or aspire to a career in this area. The qualifications will give you knowledge and practical skills to foster a compliance culture within your organisation as well as help you mange relationships with regulators, law enforcement agencies and senior management. By the end of the course you will have a good understanding of the regulatory environment and other compliance related issues such as anti money laundering and terrorist financing.
These courses are a great way to prepare for further study at Diploma level.
Course Format
• Intermediate level
• 6 months duration
• 2 workshops
(where offered)
• 1 piece of assessed
work approximately
2-2,500 words in length
• 1 hour, 45 minute
open-book examination
‘
‘‘
This course enabled me to use more initiative in the workplace. The content was so useful in
‘ ‘
helping me perform day-to-day tasks and helped me a lot when I needed to provide advice to
other colleagues.
Sarah Troy
ICA Diploma in Governance, Risk and Compliance
ICA International Diploma in Governance, Risk and Compliance
The objectives of regulation, and specifically of regulators, have been well established for some years now having evolvedsignificantly over the past 20 years. However in a post credit crisis world it has become apparent, sometimes painfully so, that the approach to meeting those objectives employed by regulators and governments alike, has often failed to successfully support the achievement of these objectives.
Therefore a new approach is emerging; one that is far more holistic in nature and that does not focus upon regulatory compliance in isolation, but rather considers it in conjunction with the closely aligned disciplines of risk management and governance.
The ICA Diploma in Compliance has evolved to reflect this development in recent years and this year we pleased to be making further significant additions to the syllabus to maintain the qualification's position at the forefront of regulatory compliance training. To reflect this update we have also decided to change the title of the course to the ICA Diploma in Governance, Risk and Compliance so that potential students better understand its relevance in today's environment and so that Diploma holders will be better able to demonstrate the broader nature of their qualification.
‘‘
‘ ‘
Who the Diploma
will benefit
• GRC Managers • Compliance Officers • Deputy Compliance Officers • Managers with responsibility for
internal compliance controls
• Risk Managers
• Internal and external audit staff • Regulatory representatives • Accountants
• Lawyers
• Company Secretaries
• Legal practitioners and support staff
Course Format
• A graduate level
programme resulting
in a professional
qualification
• 9 – 12 months duration
• 4 workshops (where offered)
• 2 pieces of assessed
work, each approximately
3,000 words in length
• 3 hour 15 minute open-book
examination
Syllabus
Module 1: Understanding GRC • Defining Governance, Risk and
Compliance
• Ethics, integrity and organisational
culture: Taking GRC to the next level
Module 2: GRC in Context • Understanding the regulatory
environment
Module 3: Practical Application of GRC • Corporate Governance; the
foundation of the GRC framework
• How to effectively manage regulatory
risk
• So what is the role of the compliance
function?
• How to design effective GRC systems
and controls
Module 4: Financial Crime Prevention • Managing the risk of financial crime
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The course gave me a comprehensive and detailed knowledge of a compliance environment from
an international perspective. It has allowed me to progress my career to management level
Jason Besnard
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ICA Qualifications in
Financial Crime Prevention
ICA Certificate in Financial Crime Prevention
This course provides practical knowledge and useful skills for all staff within the workplace.The ICA Certificate in Financial Crime Prevention will teach staff best practice in how to identify and minimise risk. Early detection can make a significant difference so the course provides practical advice on what to do in the event of suspicion. They also highlight the consequences when suspicions are ignored. The various types of financial crime are explored, best practice in financial crime and fraud prevention is studied, and the characteristics of fraudsters are examined. By the end of the course, existing knowledge will have been enhanced considerably enabling improved performance in the workplace.
Who the Certificate
will Benefit
• Financial crime prevention employees • Fraud prevention employees
• All individuals engaged in financial
services and who aspire to a career in anti money laundering or fraud /
financial crime prevention
Course Format
• An introductory level
online course
• Up to 6 months to
complete the course
• One day workshop
(where offered)
• One hour multiple choice
examination taken online
Syllabus
Unit 1: What is Financial Crime?
• Types of financial crime • Who commits financial crime?
Unit 2: What are the Financial Crime risks?
• Behaviour characteristics of
fraudsters
• Common warning signs Unit 3: Fraud controls • Anti fraud strategies • Risk assessment
Unit 4: Banking - fraud typologies • Customer account fraud
• Deposit fraud
• lending and credit fraud
Unit 5: Identity theft and electronic crime
• Identity theft and fraud • Computer and internet fraud Unit 6: Bribery and Corruption • International initiatives to
combat bribery and corruption
• Political leaders and financial crime Unit 7: Fraud response policy • Whistle blower protection • Contingency planning
Unit 8: The English legal system - case study
• Theft and fraud offences • Insider dealing/market abuse
defence
‘ ‘
‘‘
Excellent delivery - great to have a tutor with such extensive
hands-on knowledge of the industry
Lynne Green
Technical Business Manager,
UK Retail Banking Anti Money Laundering Policy, Abbey
17
Who the Diploma
will Benefit
• Fraud Prevention Officers and
Managers and Deputies
• Money Laundering Reporting Officers
and Deputies
• Money Laundering Prevention
Officers and Deputies
• Managers with responsibility for
internal Anti Money Laundering and Compliance Controls
• Risk Managers
• Internal and external audit staff • Regulatory representatives • Fraud investigation staff
• Representatives from the public
sector and law enforcement
UK Syllabus
Module 1: An Introduction to Financial Crime
• Understanding and managing
financial crime
• The international models and
influences
Module 2: Financial Crime - The UK Framework
• Key roles and responsibilities • The legal framework
• The UK Anti Money Laundering
and Counter Terrorist Financing framework and strategy
• Market fraud (market manipulation/
misleading statements), insider dealing and market abuse
• Bribery and corruption Module 3: The Prevention and Detection of Specific Financial Crime Risks
• Business frauds • Financial sector fraud • Electronic crime
• Data and information security Module 4: Investigation, Prosecution and Recovery
• The law, standards and codes
affecting investigation and prosecution
• Internal investigation • Asset tracing, confiscation
and recovery
International Syllabus
Module 1: An Introduction to Financial Crime
• Understanding financial crime • The international agencies and
standard setters
• The international legal models,
conventions and standards
Module 2: Practical Application of the International Standards
• The prevention and detection of
money laundering
• The financing of terrorism • Electronic crime
• Data and information security • Bribery and corruption
Module 3: Managing, Prevention and Detecting Financial Crime Risks • Corporate governance and the
management of financial crime
• Market fraud: market manipulation/
misleading statements, insider dealing and market abuse
• Corporate and business frauds • Financial sector fraud
Module 4: Investigation Prosecution and Recovery
• Investigating fraud internally • Global investigation, prosecution
and recovery
ICA Diploma in Financial Crime Prevention
ICA International Diploma in Financial Crime Prevention
The ICA Diplomas in Financial Crime Prevention are detailed programmes, drawing upon best practice to combat the range of financial crime. The knowledge gained will enable you to identify risks and implement effective systems and controls. You will learn about your own regulatory environment and be asked to create and implement fraud and financial crime prevention policies. You will study the legal dimensions, the motivations behind criminal activity and how to undertake an investigation all the way through to prosecution. Wherever you are in the world, you can benefit from this programme. It will build upon your existing experience and help you stay one step ahead of today’s sophisticated financial criminals.With materials written by experienced industry practitioners the Diploma is a practically focused qualification that imparts useful skills that can be used in the workplace. This is not just another fraud prevention training programme. This is certificated learning providing a benchmark of excellence that is recognised the world over.
Course Format
• A graduate level programme
resulting in a professional
qualification
• 9 –12 months duration
• 4 workshops (where offered)
• 2 pieces of assessed work,
each piece approximately
3,000 words in length
• 3 hour 15 minute
open-book examination
‘‘
Although not a ‘legal’ course, I found the Diploma in Financial Crime Prevention very useful in
helping me to translate the relevant laws and regulations into real life, everyday situations in my
role as a financial crime professional.
Nicholas Hart-Nibbs
MF Global, UK
ICA Specialist Certificates
These online qualifications examine key anti money laundering (AML) and counter terrorist financing (CTF) concepts in
specialised areas of industry. The courses aim to equip those working in these areas (or those interested in finding out more) with practical niche knowledge and enhanced understanding to help combat money laundering threats. There is also a course that covers corporate governance.
Course Format
• Intermediate level courses covering niche
areas in depth
• Delivered online
• 3 months to complete
• Online multiple choice exam
View syllabus details below:
ICA Specialist Certificate in Corporate Governance
• Defining corporate governance • Why it is so important
• Understanding the inter-relationships between governance,
risk & compliance
• Common principles of good corporate governance • What makes an effective corporate governance system
work
• The roles and functions of the Board • Defining Corporate Governance
ICA Specialist Certificate in Trade Based Money
Laundering
• The fundamentals of trade based money laundering • Risk management
• Variable physical goods • Variable pricing of goods • Black market peso exchange • Terrorist resourcing
• Proliferation finance • Correspondent banking • Country sanctions • Risk controls
ICA Specialist Certificate in Money
Laundering Risk in Capital Markets
• The key capital market frameworks and concepts • Primary, secondary and wholesale markets • Bond and stock markets
• Money and derivative markets • Delivery channels
• Money laundering characteristics • Identifying suspicious activity
• Additional vulnerabilities - financial crime • Identifying solutions and controls to mitigate risk
ICA Specialist Certificate in Money Laundering
Risk in Correspondent Banking
• Gatekeepers
• Offshore financial centres
• Multiple correspondent transactions • Risk management
• Know your customer (KYC) and customer due diligence
(CDD)
• Suspicious transaction reporting • Risk controls
ICA Specialist Certificate in Money
Laundering Risk in Private Banking
• High net worth individuals • Offshore financial centres • Politically exposed persons (PEP) • Wealth management frauds • Terrorist financing
• Risk management
• Know your customer (KYC) and customer due diligence
(CDD)
• Risk controls
ICA Specialist Certificate in Money
Laundering Risk in Betting & Gaming
• Managing land-based gaming • Remote (offshore) gaming
• Transaction monitoring and determining suspicion • Dealing with high net worth individuals
• Politically exposed persons (PEP) risk • Corruption and capital flight
• Risk identification and management
• Understanding customer due diligence (CDD) • Enhanced due diligence (EDD)
• Systems and controls
ICA Specialist Certificate in Money Laundering
Risk in New Payments Products & Services
• The fundamentals of NPPS
• The particular issues around e-payments, prepaid cards and
mobile financial services
• Balancing financial inclusion against financial integrity • The vulnerabilities of specific markets, products and services • The best practice related to customer due diligence
• How to identify suspicious activity • Identifying suspicions and managing risk • Case Studies
Who the Postgraduate
Diploma will benefit
• Heads of Compliance, AML and
Financial Crime Prevention
• Money Laundering Reporting/
Prevention Officers
• Compliance, AML and Financial Crime
Managers and senior staff
• Senior Risk staff
• Senior Internal and External Audit
Staff
Why choose the
Postgraduate Diploma?
• Demonstrate the highest level of
specialist knowledge and skills in your field
• Accessible globally - ideal for
international students
• Drive your personal leadership
ambitions
• Gain access to experienced
practitioners and thought leaders and learn from their unique insights
• Develop new ideas, explore cutting-
edge best practice and gain a global perspective
• Build professional networks
• Achieve 'Certified Professional' status • Become automatically eligible
for Fellowship of the International Compliance Association (the highest grade of membership)
Course format
• An exclusive series of high profile topics delivered by leaders in their respective field
• Choice of course format: Masterclass Series (9 x half day workshops in London) or Residential Weekend ( 2 x weekends in Oxford)
• Compilation of four Masterclass summaries or submission of two detailed case studies
• Assessed by 2-3 hour interview mapping your knowledge against National Occupational Standards of Competence
Entry requirements
Applicants for the programme should normally:
• Be a senior practitioner, e.g. head of AML/Compliance/Audit/Risk/Fraud operations or similar division with at least three years in a senior role; or
• Possess an ICA Diploma and five years experience in a financial services or similar discipline and currently work (or have the potential to work) within a job role that requires senior level responsibilities
Masterclass titles
1. Introduction and overview of the
course
2. Ethics, corporate governance
and responsibility - the role, responsibilities and liabilities of authorised individuals
3. Board of directors and senior
management: culture building "How to change the culture of the organisation."
4. Risk management: reputational risk 5. Building, managing and leading a
compliance/AML team
6. Sanctions: perspective from the
regulators
7. Cyber security: threats to the
organisation
8. IT and compliance - the interface and
practical solution
9. Assessment preparation:
- The interview/assessment
- National Occupational Standards of Competence
- Masterclass write-ups
ICA Professional Postgraduate
Diploma in Governance, Risk &
Compliance
A Masterclass Leadership Programme designed to educate, stimulate and help the leaders of tomorrow develop their skills and expertise.
The Professional Postgraduate Diploma in Governance, Risk and Compliance has been specifically designed to provide advanced level training for senior industry practitioners, operating at a leadership level within the organisation. It is designed to provide you with the enhanced skills, knowledge and expertise to enable you to operate at the highest level within your organisation. The course will build on your existing experience to develop your competencies at the highest tier under the ICA framework. It will enable you to excel in your role and help push your career to the next level.
“The Masterclass series was
the ideal way for a busy
Head of AML to keep up to
date, become certificated,
find out about best practice
in other organisations and
to network extensively.
Highly recommended.”
An honours degree course for compliance and anti money laundering practitioners
is available from Manchester Business School (MBS). MBS is part of the University of
Manchester, one of the UK’s original “redbrick” universities with a proud history. It was
jointly the first business school in the UK and is regularly in the Financial Times’ top
business schools in Europe and in the world.
This course has been designed for compliance professionals. It will enable you to
build upon your existing qualifications so you may demonstrate excellence in your
area of specialisation and develop your management knowledge and skills. It is
a well balanced programme comprising technical learning with practical skills to
enable you to fully realise your potential.
Manchester Business School,
The University of Manchester
- Degree in Management
with Compliance
Key features:
• Flexible course, normally lasting
24 months
• Combination of self study, face-to-
face study, workshops and e-learning
• Choice of study centres (London,
Jersey, Guernsey, Isle of Man)
• Internationally acclaimed
teaching staff
• Cutting-edge technology used in the
delivery of content
Who should apply?
If you wish to continue to develop your professional skills in your core discipline and enhance your management skills, this course is for you. It will advantage practitioners from compliance, anti money laundering, risk and fraud prevention. Typically, individuals from the following job roles would benefit:
• Money laundering prevention
and reporting • Compliance • Risk • Fraud prevention • Law • Accountancy • Regulation • Audit
• Law enforcement and investigation
Admission requirements
This is a prestigious course demanding demonstrable competence. Applicants will need to possess:
• An International Compliance
Association Diploma in either Anti Money Laundering, Compliance or Financial Crime Prevention, and
• A Diploma level qualification (as above)
in a financial services discipline or a second ICA diploma, and
• 3 years work experience in a
relevant field
All students are expected to have a good level of written and spoken English. Further information on the admission criteria can be found on the MBS website: www.mbs.ac.uk
Fees
Payment by instalment is available for individual self-funding applicants (3 per year - 6 in total).
Please contact Lauren Hodgson at lauren.hodgson@mbs.ac.uk for further information.
Where can I study the BSc in
Management with
Compliance?
You can study for your BSc in
Management with Compliance in four of our regional study centres. These are London, Jersey, Guernsey and the Isle of Man.
Modules
The course will comprise of
100-150 study hours per course unit.
The Course units are: • Accounting • Finance
• People Management and
Organisations
• Management Information Systems • Strategic Management
• Marketing
• Law, Regulation and Risk
How will the BSc be
assessed?
Assessment is based on a combination of assignments and examinations.
22
International Compliance Training (Middle East) was established in 2008 and is based in the Dubai International Financial Centre. ICT (Middle East) provides professional training which serves the needs of the financial services sector throughout the Middle East. It provides specialist training in a variety of areas including Anti Money Laundering, know-your-customer, compliance, corporate governance, investigative interviewing, fraud and financial crime prevention, risk and regulation.
ICT (Middle East) understands the markets and issues that people from the region deal with on a daily basis. We recognise that as a fast developing financial region, the Middle East faces many unique issues and the team there work in partnership with individuals and organisations to find the right solutions. In particular we work with the regulators in the region, helping them to develop best practice in the management of regulatory risk. All the materials that are delivered in the region are jurisdiction specific with local case studies and examples to really make the learning relevant. And the programs are available in Arabic.
International Compliance Training Academy Pte. Ltd. is the exclusive training provider for qualifications and programmes awarded by the International Compliance Association and in association with University of Manchester Business School in Singapore. It serves the training needs for the whole of the Asia Pacific region. The International Compliance
Association was appointed by the Institute of Banking and Finance, the Monetary Authority of Singapore and the Workforce Development Agency as the FICS Lead Provider in Compliance Training in 2007.
ICTA's experienced industry experts deliver all the training for the
programmes that are accredited under the Financial Industry Competency Standards (FICS) as well as training for other ICA programmes in Singapore.
Programmes offered include:
• FICS Accredited Diplomas in
Compliance (for all six job families: Anti Money Laundering, Consumer Banking, Fund Management, Insurance, Wealth Management, Wholesale Banking)
• Graduate Diploma in Compliance /AML
(Post-Graduate Level)
• Compliance Leadership Programme
(Level VI Masterclass series)
• ICA International Diploma in Financial
Crime Prevention
• ICA Advanced Certificate in
Compliance
• ICA Awareness Certificates in Anti
Money Laundering, Compliance and Financial Crime Prevention
ICT Regional Offices
ICT Academy
ICT
Principal
Partners
23
The ICA is a professional, awarding body with a global membership. ICA’s internationally recognised qualifications are a benchmark of professionalism and excellence.
The ICA helps businesses, regulatory authorities, government agencies and clients promote best practice through education, dialogue, information
exchange and detailed resource material. The ICA is the government appointed Lead Provider of Financial Industry Competency Standards, accredited training and assessment programmes in the field of compliance in Singapore.
Manchester Business School is part of the University of Manchester. It is an international and progressive school delivering cutting edge business and public sector thinking. 23 Nobel Prize-winners feature among its former staff and students. The School has 26,000 alumni based in over 30 countries many of them hold senior positions in industry, government and the arts.
MBS is the ICA quality assurance education partner ensuring you benefit from the fusion of a vocational qualification set within a rigorous academic framework. MBS believes that to be the best, you have to learn from the best. MBS attracts some of the world’s most influential business leaders. They have strong partnerships with CEOs and representatives from a wide variety of global businesses. Their academic staff are at the cutting edge of business, research and consultancy.
ICT training is available worldwide. Additionally ICT has
training and education centres in the following global
financial centres and countries:
Bahamas
Bahrain
British Virgin Islands
Cayman Islands
Dubai
Dublin
Gibraltar
Guernsey
Hong Kong
India
Isle of Man
Jamaica
Jersey
Kazakhstan
Malaysia
Malta
Melbourne
Moscow
Nigeria
Oman
Poland
Qatar
Romania
Saudi Arabia
Singapore
Sri Lanka
St Petersberg
Sydney
United Kingdom
ICT Regional Offices
ICT Academy
Head Office:
Wrens Court | 52-54 Victoria Road | Sutton Coldfield | Birmingham B72 1SX | United Kingdom
+44 (0) 121 362 7501 | ict@int-comp.com
www.int-comp.com
London Office:
6-14 Underwood Street | London | N1 7JQ
+44 (0) 207 566 8212
ICT Middle East:
Dubai International Financial Centre Centre of Excellence | The Gate Village
Building 2, Level 3 | PO Box 506745 Dubai | UAE
+971 (0) 4401 9310 info@ictmiddleeast.com
ICT Singapore:
6 Shenton Way | #42-04 OUE Downtown 1 Singapore | 068809 +65 6500 0010 enquiries@int-comp.org ICTB561 linkedin.com/company/international-compliance-training facebook.com/ictcompliance twitter.com/ictcompliance youtube.com/user/ICTCompliance
